Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: John Ludvigsen

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

One of the few purposes of govenment is to provide laws,regulation, and
enforecement to protect and level the playing field for individuals.
Individuals who are struggling to save for the future.  Especially in
financial ares where prevailing pressures are pushing people to invest
their hard earned savings for retirement.  It is absolutely wrong to
allow us to be fleeced by slick talking investment advice without our
knowing what the real cost to us is.

I'm counting on you to make a stronger rule that closes the loophole.
Americans who've worked hard to save for retirement deserve peace of
mind about their financial security.


Mr. John Ludvigsen